Meta Platforms has laid off roughly 10% of staff, about 1,500 people, from its Reality Labs division, the unit that houses ...
Morning Overview on MSN
Meta fires metaverse staff after burning through $73B
Meta’s grand metaverse experiment has reached a brutal inflection point. After Reality Labs racked up tens of billions of ...
Meta is laying off 1,500 Reality Labs employees, shifting focus from the metaverse to AI-powered wearables like the Ray-Ban ...
Meta's metaverse strategy was flawed from the jump. Zuckerberg overhyped what consumers could expect from the move, ...
It appears the metaverse – once projected by McKinsey to be a $5 trillion market by 2030 – is ending with a whimper.
Meta has begun a massive set of layoffs in its reality Labs Division, as the company refocuses on developing AI-powered ...
Olorama brings smell to the metaverse, creating multisensory VR experiences with 200+ scents for immersive, emotional, and memorable digital worlds. VALENCIA ...
The metaverse market is expected to grow substantially, reaching an estimated value of $116 billion by 2024 and potentially $669 billion by 2030. This rapid growth is driven by the integration of ...
Meta employees are facing potential workforce reductions, particularly within the Reality Labs team, which may see a 10% cut, ...
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